2025: NORD/LB

Altogether, KfW IPEX-Bank and NORD/LB are making around EUR 122 million available to Rhein-Neckar-Verkehr GmbH (rnv). KfW IPEX-Bank has taken on the role of syndicate leader, while NORD/LB is also acting as account bank. Alongside the commercial syndicate financing, the European Investment Bank (EIB) is providing a long-term loan. Overall, the investment volume of the total procurement including the ordering of optional vehicles and price adjustments tops EUR 400 million.

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NORD/LB Norddeutsche Landesbank (NORD/LB) and the European Investment Bank (EIB) have today announced a significant partnership aimed at accelerating the transition to clean energy across the European Union. The new financing will back new small and medium-sized renewable energy projects throughout Europe.

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NORD/LB Norddeutsche Landesbank generated earnings before taxes of EUR 356 million in the 2024 financial year. This once again exceeded the previous year's result (EUR 271 million) with an increase of over 30 per cent.

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At its meeting yesterday, the Supervisory Board and the Owners’ Meeting of NORD/LB Norddeutsche Landesbank decided to extend the contract of CEO Jörg Frischholz ahead of schedule by a further five years until 30 June 2030.

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NORD/LB Norddeutsche Landesbank is financing its first battery storage system in Germany. The facility is being built in Stendal (Saxony-Anhalt), around 60 kilometres north of the state capital Magdeburg.

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The rating agency Moody's has upgraded the standalone rating ("Baseline Credit Assessment") of NORD/LB Norddeutsche Landesbank from 'ba2' to 'ba1'. At the same time, the Bank's long-term rating (Aa2), which is linked to the long-term rating of the Sparkassen-Finanzgruppe, was confirmed.

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NORD/LB Norddeutsche Landesbank today issued the first Green Pfandbrief benchmark bond in the 2025 financial year.

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